OREANDA-NEWS. OJSC “Magnit”, Russia's largest food retailer (the “Company”, the “Issuer”, MICEX and LSE: MGNT), announces the change of share of the entity which is under the Issuer's control.

Full company name and address: joint-stock company “Tander” 185, Levanevskogo street, Krasnodar, Russia

Taxpayer Id Number: 2310031475

Principal State Registration Number: 1022301598549

Object of acquisition: voting shares of the Issuer

July 18, 2014 Acquisition of shares

Amount of acquired shares: 6,405 shares (0.006773% of the total equity)

Basis for acquisition: Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange

Amount of votes before acquisition: 227,374 votes (0.240451% of the total number of votes)

Amount of votes after acquisition: 233,779 votes (0.247225% of the total number of votes)

July 18, 2014 Disposal of shares

Amount of disposed shares: 396 shares (0.000419% of the total equity)

Basis for disposal: Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange

Amount of votes before disposal: 233,779 votes (0.247225% of the total number of votes)

Amount of votes after disposal: 233,383 votes (0.246806% of the total number of votes)

July 21, 2014 Acquisition of shares

Amount of acquired shares: 25,900 shares (0.027390% of the total equity)

Basis for acquisition: Sale and Purchase Agreements executed in the trading of MICEX Stock Exchange

Amount of votes before acquisition: 233,383 votes (0.246806% of the total number of votes)

Amount of votes after acquisition: 259,283 votes (0.274196% of the total number of votes)